Abstract

http://ssrn.com/abstract=2136004
 
 

References (29)



 
 

Citations (6)



 
 

Footnotes (29)



 


 



The Trend is the Cycle: Job Polarization and Jobless Recoveries


Nir Jaimovich


Duke University

Henry Siu


University of British Columbia (UBC) - Department of Economics

August 2012

NBER Working Paper No. w18334

Abstract:     
Job polarization refers to the recent shrinking concentration of employment in occupations in the middle of the skill distribution. Jobless recoveries refers to the slow rebound in aggregate employment following recent recessions, despite recoveries in aggregate output. We show how these two phenomena are related. First, essentially all employment loss in middle-skill occupations occurs in economic downturns; in this sense, job polarization has an important cyclical component. Second, jobless recoveries in the aggregate are accounted for by jobless recoveries in the middle-skill occupations that are disappearing.

Number of Pages in PDF File: 54


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Date posted: August 25, 2012  

Suggested Citation

Jaimovich, Nir and Siu, Henry, The Trend is the Cycle: Job Polarization and Jobless Recoveries (August 2012). NBER Working Paper No. w18334. Available at SSRN: http://ssrn.com/abstract=2136004

Contact Information

Nir Jaimovich (Contact Author)
Duke University ( email )
100 Fuqua Drive
Durham, NC 27708-0204
United States
Henry Siu
University of British Columbia (UBC) - Department of Economics ( email )
997-1873 East Mall
Vancouver, BC V6T 1Z1
Canada
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References:  29
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